Kuraray to acquire MonoSol

Kuraray Co. Ltd. (Tokyo, Japan) has agreed to acquire MonoSol LLC (Merrillville, Indiana, USA), manufacturer of water-soluble polyvinyl alcohol (PVA) films. Kuraray currently supplies "POVAL" PVA film for optical-uses including a polarizing film, which is an essential component of liquid crystal displays. Through this acquisition, Kuraray will expand its product offering of PVA films into a wider range of applications, including unit-dose applications for consumer, agricultural chemicals and industrial products, release films, transfer printing, embroidery support films, water-soluble laundry bags, edible films and TerraLOC, a unique dust abatement system.